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Trade and fluctuations.

By: Material type: TextPublication details: Wahington : World Bank, 1995.Subject(s): Summary: In this paper, the argument is that of the inability of the standard open-economy statistic growth model to explain from inadequate GDP growth corrections arising from inadequate treatment of the link between international commodity prices and domestic wages.
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In this paper, the argument is that of the inability of the standard open-economy statistic growth model to explain from inadequate GDP growth corrections arising from inadequate treatment of the link between international commodity prices and domestic wages.

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